Danish pension fund excludes SpaceX citing governance and valuation
Danish pension fund Akademikerpension said on Friday it had placed SpaceX on its portfolio exclusion list ahead of the company’s initial public offering, citing concerns…
RBI books ₹1.69 lakh crore forex gains amid record dollar sales
The Reserve Bank of India earned ₹1.69 lakh crore from foreign exchange transactions in FY26, up 52% from the previous year, as it sold a…
Energy prices, current account deficit, balance of payments big priorities right now: CEA
Mumbai: Chief economic advisor V Anantha Nageswaran on Friday said managing Macroeconomic fundamentals like the balance of payments and current account deficit has assumed a…
RBI to explore CBDC pilot in cross-border transactions
Mumbai: The Reserve Bank will explore the use of CBDC in cross-border transactions besides expanding the digital rupee to more direct benefit transfer schemes and…
Notification on blending isobutanol with diesel this year: Road secretary V Umashankar
India is likely to bring a mandate on blending isobutanol with diesel as early as this year as part of a slew of measures to…
India’s forex reserves fall by $7.51 billion to $681.38 billion as of May 22
India’s foreign exchange reserves dropped again by $7.51 billion to stand at $681.38 billion in the week ended May 22, according to data released by…
Rupee being increasingly used for imports and exports: RBI report
Mumbai: Rupee is being increasingly used for import and export invoicing over the years, showed the data compiled by the Reserve Bank of India, which…
India’s $360 billion infra investments slash logistics cost to 10-10.7% in FY26: CII-Knight Frank
New Delhi: India’s cumulative investments of nearly USD 360 billion in infrastructure development over the last decade has significantly slashed India’s logistics cost to 10-10.7…
Sensex crashes 1,000 points, Nifty slumps 359 amid sharp sell-off after 3 pm
Indian benchmark indices witnessed a dramatic sell-off in the final hour of trade on Friday, with the BSE Sensex plunging 1,092.06 points to settle at…
India-Oman CEPA to strengthen energy security, trade resilience and export growth: Report
New Delhi: The India-Oman Comprehensive Economic Partnership Agreement (CEPA), set to come into force from June 1, 2026, is expected to significantly strengthen bilateral trade,…